Everspin Technologies publishes investor presentation on MRAM technology for mission-critical applications and USD 4.3 billion market opportunity by 2029

Reuters03-14 03:29

Everspin Technologies publishes investor presentation on MRAM technology for mission-critical applications and USD 4.3 billion market opportunity by 2029

Everspin released an investor presentation outlining its MRAM product portfolio and target end markets including automotive, industrial, data center, and radiation-hardened applications. The presentation says Everspin has shipped more than 150 million MRAM units and serves more than 2,000 customers. It also cites a market opportunity exceeding USD 4.3 billion by 2029 and references a market size of USD 1.1 billion in 2024. Everspin lists manufacturing and partnership activity that includes an 8-inch MRAM line in the U.S. and a 12-inch STT-MRAM manufacturing partnership with GLOBALFOUNDRIES. The presentation provides financial charts showing FY25 revenue of USD 63.8 million and FY25 gross margin of 60%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Everspin Technologies Inc. published the original content used to generate this news brief on March 13, 2026, and is solely responsible for the information contained therein.

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